Current:Home > Contact-usHiking the last mile on inflation-LoTradeCoin
Hiking the last mile on inflation
View Date:2024-12-23 21:34:46
The Federal Reserve finds itself in a tricky spot with inflation just a notch above its target of 2%. This poses a challenge for the central bank as they enter what's known as the "last mile" of monetary policy. Today, we explain why the final stretch of the Fed's race to 2% inflation is considered the hardest.
Music by Drop Electric. Find us: Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (2844)
Related
- Jimmy Kimmel, more late-night hosts 'shocked' by Trump Cabinet picks: 'Goblins and weirdos'
- House Democrats send letter to Biden criticizing Netanyahu's military strategy
- Doctors in England begin a 3-day strike over pay at busy time of the year in National Health Service
- Tesla’s Swedish labor dispute pits anti-union Musk against Scandinavian worker ideals
- Dwayne Johnson Admits to Peeing in Bottles on Set After Behavior Controversy
- DNA may link Philadelphia man accused of slashing people on trail to a cold-case killing, police say
- Billy Crystal makes first trip back to Katz's Deli from 'When Harry Met Sally' scene
- Tesla’s Swedish labor dispute pits anti-union Musk against Scandinavian worker ideals
- Taking stock of bonds: Does the 60/40 rule still have a role in retirement savings?
- Colorado Supreme Court rules Trump is disqualified from presidency for Jan. 6 riot
Ranking
- RHOBH's Erika Jayne Reveals Which Team She's on Amid Kyle Richards, Dorit Kemsley Feud
- In Milwaukee, Biden looks to highlight progress for Black-owned small businesses
- Duane Davis, man charged with Tupac Shakur's killing, requests house arrest, citing health
- A Chevrolet dealer offered an AI chatbot on its website. It told customers to buy a Ford
- Congress heard more testimony about UFOs: Here are the biggest revelations
- Soccer star Dani Alves’ trial for alleged sexual assault to start in February
- From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023
- DC is buzzing about a Senate sex scandal. What it says about the way we discuss gay sex.
Recommendation
-
Amazon launches an online discount storefront to better compete with Shein and Temu
-
Here's why your North Face and Supreme gifts might not arrive by Christmas Day
-
The US has released an ally of Venezuela’s president in a swap for jailed Americans, the AP learns
-
A rare and neglected flesh-eating disease finally gets some attention
-
Some women are stockpiling Plan B and abortion pills. Here's what experts have to say.
-
Horoscopes Today, December 20, 2023
-
Woman who said her murdered family didn't deserve this in 2015 is now arrested in their killings
-
Nature groups go to court in Greece over a strategic gas terminal backed by the European Union